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Definition: a Modified Rebuy is a buying situation in which goods are purchased that have been purchased previously but there are significant differences in the terms of the purchasing contract under review: some elements of the previous order are changed, such as the technical specifications, terms, price, delivery arrangements, packaging, design, or quality. |
More on procurement and purchasing: Buygrid Framework, Kraljic Matrix, Post Purchase Behavior. You may also be interested in: 14 Points of Management, 5 Whys. |
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